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46.12
3.08%
+1.38
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Why is Rollins, Inc. (ROL) Stock down?
We've noticed a 5.72% decline in Rollins, Inc. (ROL) stock during the 2024-02-15 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
19 Oct, 2023:
Rollins, Inc. Stock (ROL) dropped by 8.35% from $35.92 to $32.92 in the trading on Thursday October 19, 2023. The reason why ROL stock down today is due to the strong-sell rating. Spruce Point Capital maintained its strong-sell rating for Rollins. It believes that shares of Rollins could drop down to anywhere from $21.75 - $25.40 per share. Spruce Point Capital sees multiple problems with Rollins, including increased competition and difficulties with its growth-by-acquisition strategy. What investors are seeing today is a change in market sentiment toward Rollins, perhaps nudged toward the negative by the short report.
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